Introduction
Rapid cash is a private company that lets you get loans based on an easy process. By using Rapid Cash, you avoid paying excessive overdrafts and fees when you get the loan from banks. Rapid cash started in Orlando, Florida in 1995. They offered title loans in 4 locations known as Express Title Loans. Later, they opened several stores in Central Florida and named them Rapid Cash Advance. Let us know ‘Does Rapid Cash Buy Gift Cards?’.
Rapid cash provides a very ‘ easy to apply ‘ method for their customers. They also offer different kinds of loans, the most popular of which are payday loans, installment loans, and auto equity loans. Rapid cash provides all of these loan services.
Does Rapid Cash Buy Gift Cards?
No, rapid cash does not buy or accept gift cards. We have performed a thorough check on the official website of Rapid Cash but failed to find any statement that states the above question as correct. In addition to this information, it is also mentioned on the Rapid Cash official website that, to be eligible for getting a loan approved, you should have a savings account or a credit history. They do not accept any prepaid debit cards or prepaid provider accounts.
If Rapid Cash has any system for buying a gift card for payment, they would mention it in their clear and concise FAQs section. It is stated that the only way to avail of their services is through a savings or checking account that makes you eligible for their loan approving criteria. Due to all these reasons mentioned above, we believe that rapid cash does not accept or buy gift cards. Their loan approval and payment methods do not involve any purchase or exchange through a gift card.
Gift Card
A gift card is used to pay in stores, restaurants, and places where it is accepted. Gift cards are issued by specific brands and are only accepted where your gift card’s brand is accepted. Gift cards are prepaid and you can also recharge your gift card later on for further use. They also have an expiry date so make sure to use all the credit in your gift card before it expires.
How To Apply For a loan through rapid cash?
Rapid cash has a very friendly and quick way of letting its customers apply for the loan type that they desire.
For your convenience, we have enlisted the whole process for loan application in the following:
- First of all, you can register yourself on their official website. Visit the official website of rapid cash at “rapidcashonline.com” and click on apply now to start the loan application process.
- You will be given a form to fill according to your data that rapid cash requires to inquire about you and to enlist you as their loan applicant.
- After filling out the form, a member of rapid cash’s customer service will inquire; with you about some details.
- After answering the queries that the rapid cash customer service member asks, you will have to wait for about 1 to 3 working days to receive an email stating that your loan application has been approved. This approval time also depends on your time zone. It can range from 1 to 3 working days. If you submit your application on a working day, you may receive the loan approval email on the first day of your application.
Conclusion
In conclusion, we must say that; a gift card comes in handy when making quick purchases, whether it is a store, a restaurant, or any other place where gift cards are accepted. However, despite having a handy application, we can see, through provided evidence that is based on Rapid Cash’s official website, that they do not accept or buy a gift card for paying loan fees or for any other exchange with their services.
FAQs
Q1: How to reload money on a gift card?
You can reload your gift card balance by going to any cashier or retailing shop which supports this kind of transaction.
Q2: What happens if a gift card expires before using its full credit?
If a gift card expires before using it’s full credit then all the balance that remains on an expired gift card cannot be redeemed. So make sure to use your gift card before it expires.
Q3: How long is the Rapid Cash process for loan approval?
Rapid cash facilitates its customers with a friendly and speedy process for loan approval. Depending on the timezone, working days, and verification process, rapid cash approves their customer loan application in about 1 to 3 working days.
Q4: Why does Rapid cash not buy gift cards?
If you have no savings accounts or credit cards, you have to face that kind of problem.
